Is Rosebank, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Rosebank has remained a Seller's Market.
Housing Prices in Rosebank, TN
How much do homes in Rosebank, TN cost?
Median Sold Price
$712,500
$329/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Rosebank was $712,500 in April 2024, up 9.6% from last year, and the median price per square foot was $329.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $510K | N/A |
2 Bedrooms | $435K | $407.5K | -6.3% |
3 Bedrooms | $585K | $578K | -1.2% |
4 Bedrooms | $801K | $820K | +2.4% |
5+ Bedrooms | $999.9K | $994.5K | -0.5% |
Summary: Rosebank housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.3%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes decreased by 0.5%.
Median Sold Price Compared To Nearby Neighborhoods
Rosebank | $650K | $712.5K | +9.6% |
South Inglewood | $599K | $572.5K | -4.4% |
East Nashville | $576.1K | $549.1K | -4.7% |
Inglewood | $575K | $546.5K | -5.0% |
Housing Supply in Rosebank, TN
How many homes are available in Rosebank, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
60 | 89 | +48.3% |
Summary: The Rosebank real estate market had 89 homes for sale in April 2024, a 48.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 2 | 6 | +200.0% |
3 Bedrooms | 29 | 41 | +41.4% |
4 Bedrooms | 21 | 32 | +52.4% |
5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Rosebank housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 200%, 3 bedroom homes increased by 41.4%, 4 bedroom homes increased by 52.4%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 25 | +400.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in Rosebank in April 2024, up by 400.0% month-over-month. Of the 25 sold homes, 36% were sold under asking, 52% were sold at asking, and 12% were sold over asking.
Days on Market for Rosebank, TN
How long does it take to sell a home in Rosebank, TN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
25 Days | 25 Days | -1.7% |
Summary: Homes in Rosebank had an average of 25 days on market in Apr 2024, down by 1.7% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 25 homes were sold in Rosebank; 76% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.